Oireachtas Joint and Select Committees
Wednesday, 6 March 2013
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance Bill 2013: Committee Stage
2:15 pm
Pearse Doherty (Donegal South West, Sinn Fein)
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As stated, I appreciate the shock delivered to the system in 2011. However, it would not be prudent to leave this in its current form. There was sense to what happened in 2011 in the context of having a minimum retirement fund of €18,000, not €12,700. The absence of a sunset clause calls this into question. The Minister has reverted to the original pre-2011 figures. Why would he not consider a gradual increase in the AMRF in the coming years in order to bring it back up?